Kids Empire | ±13,000 SF

Progressive Real Estate Partners VP of Retail Leasing & Sales Albert Lopez and VP of Leasing and Sales Pablo Velasco represented the property owner, Gateway Company L.C., in the $2.8 million sale of a 13,000-square-foot retail building at Towngate Promenade in Moreno Valley, California. The buyer, a private party, purchased the property for a Kids Empire franchised location. Located between 24 Hour Fitness and Aldi at 12650 Day Street, the Kids Empire indoor playground is expected to open in 2023.

The property is positioned within a well-established regional retail center anchored by national and regional tenants including 24 Hour Fitness, Aldi, Costco, The Habit, Dickey’s Barbecue Pit, Applebee’s, and Mimi’s Café. Situated at the intersection of the 60 and 215 freeways, the centrally located asset sits within a major retail corridor and is adjacent to Moreno Valley Mall, featuring Macy’s, JCPenney, Harkins Theatre, and more than 140 shops, services, and restaurants.